Classic cars have experienced a remarkable surge in value over the past decade, but there are still hidden gems waiting to be discovered. In this article we go through some of our suggestions, if you want to find the perfect old money car without breaking the bank. But remember, while it’s easy to find a cheap car, finding a classic car in great condition can be challenging. We recommend paying a bit more to find a decent one without rust or other major issues. Otherwise, you might end up spending more on repairs than it would have cost to buy decent example in the first place. That’s why, when you are buying a classic car, it’s important to spend your time finding the right one:
1. MG MGB
The MG MGB is a quintessential British roadster that embodies the spirit of classic motoring. MGB was sold both as a roadster and hardtop model. Its sleek lines, chrome accents, and open-top design make it a timeless design. The MGB’s lightweight construction and nimble handling make it a joy on winding country roads. Plus, the MGB community is passionate and welcoming, ensuring you’ll find camaraderie along the way (especially if you live in UK).
On average, you can find an MGB in good condition for around 10,000€ while the best conditioned GT models go over 20,000€
2. Triumph Spitfire & GT6
The Triumph Spitfire and its sibling, the GT6, are compact sports cars that exude charm. Inspired by the iconic Jaguar E-Type, the sleek lines and minimalist design capture the essence of British motoring. Its four-cylinder engine provides just enough power to put a smile on your face without overwhelming you. The GT6, on the other hand, boasts a fastback design, with hardtop and a six-cylinder engine, offering a more exhilarating ride. Both cars are affordable classics that allow you to experience old money charm without breaking the bank.
Expect to pay between a few thousand pounds for a project car to around 10,000€ for a well-maintained example of Spitfire. For the GT6, the numbers are almost doubled.
3. Classic Mini
While not the fastest car on this list, the Classic Mini has an enduring appeal. Spite its small size, the Mini offers surprising interior space and a go-kart-like driving feel. Many aristocrats, celebrities, and even royals have owned Mini Coopers, cementing their status as a timeless classic. The classic body shape was offered from late 50’s until the late 90’s with only minor modifications and facelifts. Because Mini was such a popular car, you should find plenty of options for sale. The prices for basic model usually range between 5000-10,000€. However beware of rust!
4. Porsche 944
If you dream of owning a Porsche but can’t quite afford the classic 911, the Porsche 944 is an excellent alternative. It’s not as iconic as the 911, but it’s still a proper Porsche. It may lack the curvaceous lines and rear mounted engine of its older sibling, but its intelligent transaxle design and 50-50 weight distribution provides excellent handling. Behind the wheel, you’ll feel like you’re driving something more expensive. This is not a car you buy to impress your friends, but to impress yourself.
Unfortunately, the prices have almost doubled in recent years. With base models going for around 8000-10,000€ and for S2 and Turbo model going for 15,000-25,000€. But it is still great classic car to buy with those price. We expect the prices to only go higher in future.
5. Toyota Crown
The Toyota Crown may not be as flashy as some European luxury cars, but it embodies understated elegance. In Japan, the Crown has long been associated with executives, diplomats, and discerning individuals. Its smooth inline-six engine, plush interior, and refined styling make it a comfortable cruiser. If you appreciate reliability and a touch of sophistication, the Toyota Crown is worth considering. Depending on the model, you can expect to pay between 4000-15,000€
6. Fiat 124 Spider (1966-1985)
The Fiat 124 Spider is an Italian gem that combines style with affordability. Designed by Pininfarina, this convertible captures the essence of golden age in Italian motoring. Its sleek lines, twin cam engine, and spirited handling make it a delightful companion for weekend drives. Plus, it’s a classic with prices heading up, so buying one now can be great investment. Expect to pay close to 20,000€ for one in great condition
7. BMW 7 Series (1977-1994)
The BMW 7 Series is synonymous with executive luxury. While newer models can be pricey, older iterations offer a taste of opulence without the hefty price tag. Look for the E23 or E32 generations—their plush interiors, advanced features, and smooth inline-six engines make them compelling choices. The 7 Series exudes old-world prestige. Prices can vary anywhere from 5000€ to over 2000€ depending on model and condition.
9. Mercedes-Benz W123
If we are gonna include a BWM to this list, we must also include at least one Mercedes model. The Mercedes-Benz W123 is a piece of German engineering and elegance. Produced from the mid-’70s to the early ’80s, this series includes sedans, coupes, and wagons. The W123 exudes timeless design with its clean lines and robust build quality. Its diesel variants are especially sought after for their durability and fuel efficiency. Owning a W123 is like having a piece of automotive history that whispers tales of autobahns. It isn’t the most beautiful car in this list, but it may be the best option as a daily driver.
You can find one in good condition between 5000-10,000€
Honorable Mentions:
While these cars are exceptional, finding them in pristine condition often requires a more substantial investment. If you’re willing to pay closer to 30,000€, consider these honorable mentions:
Volvo P1800: This elegant Swedish coupe gained fame as Simon Templar’s ride in the TV series “The Saint.” Its sleek design, courtesy of Italian styling house Frua, combines with Volvo’s legendary reliability. Finding a well-preserved P1800 is like discovering a hidden treasure
Alfa Romeo GT 1300: The Alfa Romeo GT 1300 (also known as the “GTV”) is a classic Italian sports coupe that exudes style and performance. With its elegant lines and spirited handling, the GT 1300 captures the essence of Alfa Romeo’s golden era. Owning one means embracing the passion of Italian motoring.
Datsun 240Z: The Datsun 240Z, also known as the Nissan Fairlady Z, is a Japanese sports car that captured hearts worldwide. Its long hood, sleek profile, and inline-six engine make it a true classic. While pristine examples command higher prices, the 240Z remains a symbol of Japanese automotive industry.
Any car missing from the list? Head out to our Instagram and tell what do you think should be on this list.
If you are interested in what is the ultimate old money car read our article HERE.
